I think I already found my chart of the week...
The black line shows Total known Gold ETF Holdings while the brown line represents the Gold spot price. The ETF crew has finally woken up, but paper gold has a long way to go to catch up to physical buyers, who after the 2022 weaponization of the dollar are mostly central banks. Source: zerohedge
Every G20 country has higher average tariff rates than the United States save two
and most countries hide the true costs in expensive barriers like quotas, price controls, labeling requirements, and testing rules. Source: BofA, zerohedge
There’s another S&P 500 target cut — to a new Wall Street low
Another bank has cut its price target, and this time it’s to a new low on Wall Street. Barclays strategists say they’ve lowered their year-end S&P 500 price target to 5,900 from 6,600. That’s the lowest of any firm that’s a U.S. Treasury dealer, though Montreal-based BCA has a 4,450 year-end call. source : marketwatch
‼️'Retail investors' money is FURIOUSLY buying US equities:
Retail flows into technology stocks have more than TRIPLED in just a few weeks. Mom-and-pop investors have bought the largest US tech stocks despite the Nasdaq 100 index falling into a correction.👇 Source: Global Markets Investor
Economic miracle in poland...
This took place in just ONE generation... No secret sauce: Free market, hard work and entrepreneurial spirit. Source: Michel A.Arouet
JUST IN 🚨: Copper jumps to a new all-time high
Source: Barchart
Since 2017, Turkish Lira has fallen 91% against the Dollar
Source: Bloomberg, Robin Brooks
The Great Breakfast Bear Market
Source: Jim Bianco @biancoresearch
